Common use of Our Liabilities for Failure to Make Transfers Clause in Contracts

Our Liabilities for Failure to Make Transfers. If we do ------------ not cause the completion of a transfer to or from your account in the correct amount and manner according to our agreement with your and your employer, we will be liable for your loses and damages, except as limited herein. However, there are some exceptions. For example, we will not be liable under the following circumstances; (i) if through no fault of ours, you do not have enough money in your account to make the transfer; (ii) if the ATM where you are making the transfer does not have enough cash; (iii) if the ATM, POS or other device was not working properly; (iv) if circumstances beyond our control (such as fire, flood, telecommunications or computer malfunctions or acts of God) prevent the transfer; (v) if funds are encumbered through legal process; or (iv) if we receive incomplete or inaccurate information from governmental or other sources, such as Automated Clearing Houses.

Appears in 3 contracts

Samples: Comdata Payment Services (Pinnacle Business Management Inc), Pinnacle Business Management Inc, Pinnacle Business Management Inc

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Our Liabilities for Failure to Make Transfers. If we do ------------ ----------- not cause the completion of a transfer to or from your account in the correct amount and manner according to our agreement with your and your employer, we will be liable for your loses and damages, except as limited herein. However, there are some exceptions. For example, we will not be liable under the following circumstances; (i) if through no fault of ours, you do not have enough money in your account to make the transfer; (ii) if the ATM where you are making the transfer does not have enough cash; (iii) if the ATM, POS or other device was not working properly; (iv) if circumstances beyond our control (such as fire, flood, telecommunications or computer malfunctions or acts of God) prevent the transfer; (v) if funds are encumbered through legal process; or (iv) if we receive incomplete or inaccurate information from governmental or other sources, such as Automated Clearing Houses.

Appears in 1 contract

Samples: Comdata Payment Services (Pinnacle Business Management Inc /Nv/)

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